Bruce Yandle on bootleggers & Baptists

Bruce Yandle’s “bootleggers & Baptists” model of political coalition formation is one of the most useful models in the political economy of regulation (and one that both Mike and I employ frequently, as seen by our many posts using the model). Here’s a great new Learn Liberty video featuring Bruce himself describing how coalitions of … More Bruce Yandle on bootleggers & Baptists

Streetwise Professor: Bootleggers and Baptists in Russia

Michael Giberson Craig Pirrong, blogging at Streetwise Professor, posts “Bug or Feature?, or Bootleggers and Baptists Go To Russia.” I have been told by people who were involved in the “gaming industry” in Russia pre-ban that even legal operations had to pay to survive.  But “banning” the activity only enhances the authorities’ opportunities for personal … More Streetwise Professor: Bootleggers and Baptists in Russia

Bootleggers and Baptists alert: RIAA and radio broadcasters

Lynne Kiesling Bruce Yandle, call your office — it’s another bootleggers and Baptists alert! This time it’s RIAA and radio broadcasters, who usually are at loggerheads over things like song royalties but have found common cause and joined forces to lobby the FCC to mandate that all mobile devices have an FM receiver implanted in … More Bootleggers and Baptists alert: RIAA and radio broadcasters

Bootleggers and Baptists and carbon policy

Lynne Kiesling In today’s Wall Street Journal, Bjorn Lomborg has one of the clearest articulations of the bootleggers and Baptists dynamic in carbon policy, and nails one of the fundamental reasons why the Waxman-Markey bill is bad policy: Naturally, many CEOs are genuinely concerned about global warming. But many of the most vocal stand to … More Bootleggers and Baptists and carbon policy

Enron and crony corporatism

Lynne Kiesling Rob Bradley has an Econlib essay on Enron, and it’s a good one. He focuses on Enron’s particular form of crony corporatism, its ability to take advantage of regulatory complexity, and the lessons that we should carry forward from the experience: Enron was essentially a political company, not a free-market one. Ken Lay’s creation … More Enron and crony corporatism

The fraying of support for wind power’s PTC subsidy

Michael Giberson The coalition in support of  wind power’s Production Tax Credit has always had a bit of a “Baptists and Bootleggers” flavor: environmentalists making a clean and green argument in favor of wind power and the multinational wind power development corporations funding the political muscle needed to get things done. The coalition has proven … More The fraying of support for wind power’s PTC subsidy

The “100 mpg prize” and other energy stories

Michael Giberson Speed blogging a few stories: “The ’100 mpg prize’: An idea whose time has passed?” by Ken Paulman Earlier this week, California GOP Rep. Dan Lungren introduced a bill that would offer a $1 billion prize to the first automaker than can put 60,000 cars achieving 100 mpg on the road. Only requirement … More The “100 mpg prize” and other energy stories

Using regulation to raise rivals costs

Michael Giberson An NPR Morning Edition story, “Indie Truckers: Keep Big Brother Out Of My Cab,” reports on a change of attitude at the American Trucking Association toward proposals for mandatory electronic logging of long-haul truck movements. This month, an industry group called the American Trucking Associations, which represents thousands of trucking companies, dropped its … More Using regulation to raise rivals costs

The ethanol industry rises to defend itself

Lynne Kiesling We were in Columbus, Ohio over the weekend and early this week and, not surprisingly, the airwaves were full of news of a new ad campaign to rehabilitate ethanol and, in the words of one of the news stories we heard, “correct myths about ethanol”. So are they saying that it’s a myth … More The ethanol industry rises to defend itself